Discount Leisure Products Limited

Discount Leisure Products Ltd, based in Ipswich, UK, is a small, active company founded nine years ago. With seven employees and £1,089,337 in assets, it operates as a family business with a real address and a 5.0 Google rating from 62 reviews. The company is a regular importer of machinery, boilers, and mechanical appliances, with 46 months of import activity. It runs an e-commerce site and has three directors and two owners.

The company’s website showcases a wide range of products, from pond supplies and aquarium equipment to swimming pool essentials and outdoor living items. It caters to both hobbyists and professionals, offering everything from pumps and filters to chemicals and accessories. The site also features a blog with helpful articles on topics like reptile care and winter pond maintenance, reinforcing its position as a knowledgeable resource.

Financially, Discount Leisure Products Ltd demonstrates a mixed picture. Cash reserves increased by a significant 95%, reaching £360,000, while current assets remained stable at £1,100,000. However, trade debtors decreased by 48%, and other creditors increased by 110%. The company's small size—meeting two of three criteria for being classified as small—helps it remain agile. Bank borrowings decreased by 12%, and net assets grew by 5.4%. With no auditor mentioned, the financial statements are unaudited.

The company's growth in cash reserves is encouraging, but the decrease in debtors suggests a need to manage customer payments more effectively. The increase in other creditors may be due to increased purchasing activity to support the e-commerce business. Overall, Discount Leisure Products Ltd appears to be a solid, albeit small, operation navigating the challenges of a competitive market.

Registered in England/Wales under the registration number 09710119, with a registered address at IP7 7JR, England, Ipswich, Bentons Wattisham Road, Bildeston.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.